Quote from: CASTIEL05 on December 16, 2017, 08:11:37 PM

Quote from: Aditya1011 on December 15, 2017, 10:23:04 AM

Many true Bitcoin enthusiasts actually prefer to use Bitcoin as a medium of exchange. They arent interested in investment or speculation or trying to sell at a profit.
Instead, they see Bitcoin as a way to engage in free association of trade without the need for governments to regulate the exchange. With Bitcoin, its possible to pay for goods and services instantly by transferring the digital money straight from your wallet to someone elses digital wallet.

The main purpose of bitcoin is to transfer asset from one place to another, fast, easy and reliable source. Bitcoin is decentralized, that's why more traders are attracted in bitcoin. Traders would not hessitate to transact instantly because government will not interrupt them. As long as the transactions are legal. Now we can see how bitcoin changes our lives, the complicated transaction becomes automatic.

Transacting bitcoin is reliable and easy, but we have not got to the fast part, as we know it can take hours to get a confirmation and while that is still better than banks that does not live to the promise of bitcoin of being a form of electronic cash, we need to find a way to solve that, it seems the lightning network is going to be the answer to our problems but we need to see it in action.